{"id":33763,"date":"2022-05-22T15:33:58","date_gmt":"2022-05-22T12:33:58","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=33763"},"modified":"2026-03-28T00:55:23","modified_gmt":"2026-03-27T21:55:23","slug":"mastercard-one-global-and-i2c-partner-to-launch-integrated-wallet-in-middle-east-and-north-africa-along-with-issuing-capability-for-fintechs","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/mastercard-one-global-and-i2c-partner-to-launch-integrated-wallet-in-middle-east-and-north-africa-along-with-issuing-capability-for-fintechs\/","title":{"rendered":"Mastercard, One Global\u2122 and i2c partner to launch integrated wallet in Middle East and North Africa, along with issuing capability for fintechs"},"content":{"rendered":"\n<ul class=\"wp-block-list\"><li><em>The partnership reinforces the region\u2019s position as a leading financial ecosystem.<\/em><\/li><li><em>One Global\u2122<\/em>&nbsp;<em>will offer banks, merchants and fintechs a single window to issue cards and wallet services, powered by i2c\u2019s best-in-class processing capabilities<\/em><\/li><li><em>Fintechs and neo banks will benefit from increased speed and simplicity, improving the customer experience for secure and convenient digital payments<\/em><strong><\/strong><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Riyadh, Saudi Arabia \u2013 22 May 2022<\/strong>&nbsp;\u2013 Mastercard, One Global\u2122 and i2c have announced a partnership to provide tailored financial solutions that will enable the issuance of digital mobile wallets in the region. Through this partnership, banks, fintech, merchants and wallet providers can now offer consumers in the region easy access to cutting edge, digital-first payment solutions and services.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mastercard\u2019s Fintech Express provides a suite of tools and resources to enable payment innovators to grow and scale their business by leveraging the power of partnerships. The partnership approach enables Mastercard to expedite onboarding, accelerate program launch and reduce process complexity for partners. Through this launch, Mastercard and i2c will provide an exchange to exchange (E2E) solution for fintechs to go to market faster and in a more agile way.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Amnah Ajmal, Executive Vice President, Market Development, Eastern Europe, Middle East and Africa at Mastercard&nbsp;<\/strong>said: \u201cFollowing the successful adoption of Mastercard Digital First solutions by many leading banks, we have introduced approaches that simplify integration for innovators like fintechs, merchants and neo banks. Making this possible are programs like Mastercard Fintech Express, through which we enable the ecosystem to partner more effectively. This announcement is an excellent example of collaboration to solve for speed, service and scale, while accelerating financial inclusion and innovation in the region.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By working in partnership with Mastercard and i2c, One Global\u2122 is fixing a process that is often siloed, time consuming and limiting for innovation.&nbsp;<strong>Mohammed Al Rashidi, Founder and Executive Chairman of One Global\u2122<\/strong>&nbsp;said, \u201cThis collaboration&nbsp;reduces integration time significantly and makes the engagement process simpler for payment innovators. Today, they must search for a BIN Sponsor, an issuer-processor, a network partner, and much more. We bring this engagement into a single window with three interventions.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe One Global\u2122 Og Stack\u2122 enables banking-as-a-service for startups, fintechs, mega merchants and banks. As a principal Mastercard license holder in Bahrain, One Global\u2122 offers its own BIN sponsorship capabilities.&nbsp;&nbsp;Through our partnership with i2c, we take care of various possible issuing processing needs. Together, we are well placed to meet rising consumer demands,\u201d Mohammed continued.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The One Global\u2122 Og Stack\u2122 is the world\u2019s first digital transformation and innovation-driven platform that enables new ideas to reach global markets and brings them together with incubators, investors, venture capitalists and various business clients with a single integrated SDK that connects both startups\u2019 innovations and Enterprises\u2019 omni channels.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Kevin Fox, Global Head of Sales of i2c Inc. ,&nbsp;<\/strong>said, \u201ci2c\u2019s tech stack is an agile offering that enables various use cases from commercial to personal, from end-to-end, including digital-first payment methods such as contactless payments. We recognize the intrinsic benefits of partnering with mobile channel technology partners and networks. The market has a specific need for this kind of offering, and the demand is very visible. Fintech companies are facing challenges when it comes to engaging the ecosystem needed to launch their digital banking services, so this alliance will offer a quick, sustainable, and resilient resolution to those challenges.\u201d&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The partnership reinforces the region\u2019s position as a leading financial ecosystem. One Global\u2122&nbsp;will offer banks, merchants and fintechs a single window to issue cards and wallet services, powered by i2c\u2019s best-in-class processing capabilities Fintechs and neo banks will benefit from increased speed and simplicity, improving the customer experience for secure and convenient digital payments Riyadh, [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":30530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"1","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-33763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized 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